HEG has announced a final dividend of ₹3.40 per equity share for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The dividend will be distributed within 30 days following the AGM.
In addition to the dividend declaration, HEG‘s Board of Directors approved several key decisions during their meeting on April 29, 2026. These include the audited financial results for the quarter and year ending March 31, 2026, along with the statement of cash flows and assets and liabilities.
The Board also approved the continuation of Shri Shekhar Agarwal as a Non-Executive Non-Independent Director. Agarwal, who will turn 75 in October 2027, will continue in his role subject to shareholder approval through a special resolution.
Furthermore, the Board re-appointed several auditors for the upcoming financial year. M/s. N. D. Birla & Co. was re-appointed as the Cost Auditor, M/s. S.L. Chhajod & Co. LLP as the Internal Auditor, and M/s. SCV & Co. LLP as the Tax Auditor.
In terms of corporate finance, the Board authorised the creation of security in favour of the Security Trustee on behalf of TACC Limited, a wholly-owned subsidiary. This includes pledging 51% of TACC’s equity shares and providing a non-disposal undertaking for the remaining 49% to secure credit facilities of up to ₹1,239 crore from the State Bank of India.
Additionally, the Board amended the ‘Code of Conduct for Procedure of Fair Disclosure of Unpublished Price Sensitive Information,’ with the updated policy attached as an annexure.
The company will announce the AGM date and related information in due course. The Board meeting began at 1:30 PM and concluded at 5:00 PM.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).